Gemini dollar®
The 1:1 USD-backed stablecoin built by a secure, reliable, and regulated cryptocurrency exchange.
Using Gemini dollar
Transact on decentralized exchanges: Use GUSD to trade and stake in DeFi
Lend and earn interest: Earn high yields in DeFi and through Gemini Earn
Provide liquidity: Use with DeFi automated market makers and other liquidity pools
Spend in daily life: Send across borders in seconds and spend at your favorite stores with Gemini Pay
Stable and Fully-Backed
GUSD is a 1:1 USD-backed stablecoin, always convertible to exactly $1 at Gemini.
Regulated and Insured
Gemini is a U.S. company regulated by the New York Department of Financial Services. GUSD reserves are eligible for FDIC insurance up to $250,000 per user while custodied with State Street Bank and Trust.¹
Transparently Audited
No compromises: USD reserve audits are published monthly by an independent registered accounting firm, BPM LLP, and the Ethereum smart contract has been audited by Trail of Bits, a leading information security research & development firm.
Zero Fees
There are no fees to buy or sell GUSD through Gemini.²
Programmable Money
GUSD is an Ethereum ERC-20 token, fully programmable and ready for use in smart contract development.
Fast
Enjoy transfer in seconds and settlement on the Ethereum blockchain.
Supported across dozens of DeFi protocols, applications, and exchanges
Trust and transparency
Review the Gemini dollar smart contract.
Review the Gemini dollar independent security audit.
Review the Gemini dollar whitepaper.
Review the Gemini dollar reserve-funds independent accountant audits:
¹ FDIC insurance applies only to the USD reserve funds. GUSD exist as ERC-20 tokens on the Ethereum blockchain; tokens are under the user’s self-custody, and are not insured through Gemini.
² Standard fees on select purchase methods such as debit card still apply. Additionally, ERC-20 tokens such as GUSD are programmed using the Ethereum blockchain and will incur gas fees for transfer once under the user’s self-custody.